This week’s episode talks all things Uncle Sam—understanding and preparing for your taxes. We cover the following aspects of your federal tax return:
Discuss tax obligations that are found in your return.
Compare the standard deduction to the itemized deduction and which one might be right for you.
Strategies to reduce gross income and possibly pay less in taxes.
Go over the progressive tax brackets in the U.S. tax system.
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From Discipline to Freedom: Strategize for Success: A Guide to Planning for Taxes